The stockholders' equity accounts of Monty Corp. on January 1, 2022, were as follows. Preferred Stock ( 6%, $ 100 par noncumulative, 5.000 shares authorized) Common Stock ($ 4 stated value, 300,000 shares authorized) Paid-in Capital in Excess of Par Value-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Retained Earnings Treasury Stock (5,000 common shares) $ 300,000 1,000,000 15,000 480,000 695,000 40,000 During 2022, the corporation had the following transactions and events pertaining to its stockholders' equity. Feb. 1 Mar. 20 Oct. 1 Nov. 1 Issued 5,000 shares of common stock for $ 35,000. Purchased 1,000 additional shares of common treasury stock at $ 9 per share. Declared a 6% cash dividend on preferred stock, payable November 1. Paid the dividend declared on October 1. Declared a $0.70 per share cash dividend to common stockholders of record on December 15, payable December 31, 2022. Paid the dividend declared on December 1 Dec. 1 Dec 31 (a) (b) Include margin explanations for the changes in revenues and expenses. (Round answers to decimal places, eg. 5,275. If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Assets Liabilities PIC Cash Div. Pay. Common Stock (a) Bal. $ $ $ $ (b) Feb. 1 Mar. 20 Oct. 1 Nov. 1 Dec. 1 Dec. 31 eTextbook and Media List of Accounts Include margin explanations for the changes in revenues and expenses. (Round answers to decimal places, eg. 5,275. Ifa transaction causes a decrease in Assets, Liabilities or Stockholders' Equity , place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Stockholders' Equity Paid-in-Capital Excess of Stated Value Com. Pref. Stock PIC in Excess of Par Value Pret. Treasury Stock $ e Textbook and Media List of Accounts Include margin explanations for the changes in revenues and expenses. (Round answers to decimal places, eg. 5,275. If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Retained Earnings Revenue Expense Dividend e Textbook and Media List of Accounts